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Question 23 Ladow Incorporated incurred a $32,000 net operating loss in 2021. If Ladow's 2022 taxable income was $38,000 before NOLs, compute Ladow's 2022 NOL

Question 23

Ladow Incorporated incurred a $32,000 net operating loss in 2021. If Ladow's 2022 taxable income was $38,000 before NOLs, compute Ladow's 2022 NOL deduction.

Group of answer choices

$30,400

$25,600

$32,000

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